Global Clinical Alarm Management Market: Regional Insights
Based on geography, the global clinical alarm management market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, North America is expected to gain highest share in the market during the forecast period due to the increasing prevalence of chronic diseases, growing geriatric population, and rise in awareness among people towards disease diagnostics in the region. For instance, according to the U.S. Centers for Disease Control and Prevention (CDC), chronic diseases such as heart disease, cancer, and diabetes are the leading causes of death and disability in the United States. Moreover, around 85% of older adults have at least one chronic health condition, and 60% have at least two chronic conditions. This in turn is driving the market growth.
Europe and Asia Pacific are also expected to witness significant growth in the global clinical alarm management market due to the rise in burden of chronic diseases, rise in geriatric population, and rise in focus towards disease diagnostics in these regions. For instance, the increasing prevalence of chronic diseases increases the number of patients staying in hospitals, which in turn is expected to or has increase the demand for clinical alarm management systems. According to the European Chronic Disease Alliance (ECDA), chronic diseases are the leading cause of mortality in Europe, representing 77% of the total disease burden and 86% of all deaths.
Clinical Alarm Management Market Report Snapshots
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients